45
Map
16896 Pavilion Way
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Luxury Partners Realty | $2,575,000 | |
| Listed by Luxury Partners Realty | |||
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Situated on a gorgeous premium oversized waterfront lot this stunning 5 bedroom plus club room, 7 ½ bathroom home is complete with all the modern amenities for luxury living. This designer decorated home features white porcelain tile & wood floors throughout. The two-story living room is perfect for entertaining & is highlighted by a soaring porcelain tile wall with linear fireplace, custom wet bar & temperature-controlled wine storage. The large kitchen features 42-inch stacked cabinets, quartz counters, stainless steel appliances, natural gas cooktop & large center island & opens to a breakfast area & family room with custom built in entertainment center. The second level features the oversized primary bedroom with a sitting area, his & her bathrooms & two custom fitted closets. The closets are large enough for the most discriminating buyer. Additionally, upstairs are 3 generous en-suite guest bedrooms & a loft area with custom wet bar. The resort style patio includes a covered outdoor kitchen with BBQ, refrigerator, sink & plenty of counterspace, a heated, saltwater pool & spa all with panoramic water views. The oversized home site will allow for maximum space for all your needs including a swing set, pergola or room for dogs to roam. This estate home is complete with impact windows & doors throughout, a whole house water filtration system, 3-car garage & an electric car charger.
Seven Bridges is a luxury resort style community featuring a 33,000 square foot clubhouse and amenity complex that includes 13 tennis courts, full fitness center, indoor and outdoor basketball courts, an arcade and toddler playroom, a resort style pool with splash pad for children and outdoor party pavilion, men's and women's card rooms, grand lounge and a full-service restaurant. The lushly landscaped community also provides the ultimate in security with a 24/7 manned guardhouse.
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| Feb 24, 2021 | Sold | ||
| Sold | |||
| Dec 23, 2020 | Listed by Compass Florida LLC | $1,599,000 | |
| Listed by Compass Florida LLC | |||
| Oct 2, 2015 | Sold | ||
| Sold | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017